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Country risk survey monitoring political and economic stability of countries around the globe

August 2008

Business with the Gulf: On the ground or in the air?

Institutions accustomed to doing business with the Gulf from afar are now facing up to the need to have a presence in the region and deciding on what scale that presence should be.


Asset management in the GCC: A market worth watching
A compelling opportunity for asset managers
On the ground or in the air?
Saudi strategy: going it alone or finding a partner?
Three hubs to serve a thriving market
Distribution holds the key
Fixed income, equity, local and international assets – a demand for all
Shariah-compliant market tests perceptions

Nobody doubts the opportunity for foreign managers in the Gulf. But how to play it?

The key question for most foreign managers is representation on the ground. Can a successful business be run out of London or another financial centre, with representatives frequently flying in, or must a permanent presence be established on the ground? And if so, what should that presence be – just sales and relationship management, or analysis and manufacturing?

Historically, many institutions have handled the region from afar, but are starting to move resources in. UBS, for example, has had representation in the Gulf for...


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